Results 71 to 80 of about 300,067 (295)
Too Hot to Profit? Climatic Stress and Farm‐Level Performance in Italian Viticulture
Business Strategy and the Environment, EarlyView.ABSTRACT This paper investigates the economic impact of long‐run climatic conditions on Italian wine farms by applying a Ricardian framework to 1431 firms from the 2022 RICA‐FADN survey. We combine farm‐level revenues with viticulture‐specific agroclimatic indicators to assess how climate stress shapes profitability across 77 Italian NUTS3 provinces ...
Diego Grazia +4 more
wiley +1 more source
Tests of thermal macroeconomic theory on simulated microeconomies
Journal of Physics: ComplexityIn this paper, we test predictions of a new theory of macroeconomics, called ‘thermal macroeconomics.’ The theory aims to apply the mathematical structure of classical thermodynamics, including analogues of temperature and entropy, to predict aspects of ...
Yihang Luo, R S MacKay, Nick Chater
doaj +1 more source
Theory, measurement, and calibration of macroeconomic models [PDF]
Calibration has become a standard tool of macroeconomics. This paper extends and refines the calibration methodology along several important dimensions.
Paul Gomme, Peter Rupert
core
The Initial Controversy - Introduction [PDF]
, 2003 During the middle third of the twentieth century, the ideas of John Maynard Keynes and those who described themselves as “Keynesians” acquired a profound influence over both the economics profession and the macroeconomic policy process.
Leeson, Robert
core +2 more sources
Business Strategy and the Environment, EarlyView.ABSTRACT Firms' continuous pursuit of making a profit in the competitive market may ignore the actions related to environmental responsibilities. This set of actions for financial gains constitutes environmental misconduct, which not only harms ecosystems and communities but also brings reputational damage. Negative press and social media amplification
Ashutosh Singh +3 more
wiley +1 more source
The Eurozone's Crisis Conundrum and the Role of Macroeconomic Theory
World Review of Political Economy, 2018 In the years before the global financial crisis (GFC), macroeconomic profession converged on many points of how financial markets work and how they should be regulated.
Kristijan Kotarski
doaj +1 more source
Loss Aversion in Aggregate Macroeconomic Time Series [PDF]
Prospect theory has been the focus of increasing attention in many Fields of economics. However, it has scarcely been addressed in macro-economic growth models - neither on theoretical nor on empirical grounds.
Rina Rosenblatt-Wisch
core
Reputational Risk: An Investigation Into How Environmental Failures Drive Stock Price Crashes
Business Strategy and the Environment, EarlyView.ABSTRACT The study examines the relationship between stock price crashes and firm environment reputational risk. Using a large sample of US listed firms, covering a time span from 2007 to 2021, we test the effect of environmental reputation risk on three measures for the stock price crash risk (NEGCSK, DRUV, and CRASH).
Man Dang +4 more
wiley +1 more source
Investor Perception of ESG in Earnings Calls
Business Strategy and the Environment, EarlyView.ABSTRACT This study examines how the communicator's role and the framing of ESG statements affect investor capital allocation in the context of earnings calls. Based on a virtual asset market experiment, the analysis identifies that the assurance and reinforcement of ESG messages have a positive effect of up to 8% on capital allocation, with especially
Felix Bachner
wiley +1 more source
Macroeconomics in develpoing countries
PSL Quarterly Review, 2007 This essay analyzes the differences between the economies of industrialized countriesand developing countries, which have important implications for macroeconomics interms of theory and policy.
Deepak Nayyar
doaj